My Investment Portfolio

Why I left Engineering/IT

I didn't leave because it was hard.
I left because it was no longer worth it.

Saturday, June 30, 2018

My Investment Portfolio (June 2018)

STI ended the first half of the year on further weakness, retreating to 3268 points. Sino-US trade war concerns had been the main reason for this market selloff, although other issues like interest rate hike and US$ strength had been on the mind of investors as well. Overall, it had been a risk-off mode for investors this month.

For this month, I have attended the following AGMs/EGMs/briefing - Envictus, Thakral, Cheung Woh, Ascendes India Trust, A-REIT and Ascendes Hospitality Trust.

For my top 30 holdings, this wide spread selloff had affected some of them, but the damage had more or less been contained. The finance companies in this list had been quite stable, while some stocks like United Engineers, Haw Par, Metro, Bonvests, Hiap Hoe, Stamford Land, ComfortDelgro, A-REIT and Old Chang Kee had remained steady. Hotel Royal also retreated further after it went XR. I have taken this opportunity to add onto some of the holdings in the list during the month.

As companies with financial year ending 31 March 2018 will be holding their AGMs next month, I will be attending some of those to get some updates. Markets are expected to continue to be weak going forward so I will be looking out for more opportunities to add onto my holdings selectively. Priority will be on capital preservation to prevent a huge drawdown on my portfolio if things gets worse.

About Me

A self-directed investor, looking to invest for retirement needs and bypass all those expensive financial planners/insurance agents. Investing is fun, profitable or most important of all, knowledge gained is useful for the rest of your life!